GOVERNMENT OF INDIA
MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
LOK SABHA
UNSTARRED QUESTION NO 32ANSWERED ON 07.07.2014
BANKING SERVICES IN POSTAL DEPARTMENT32 . Shri HANSRAJ GANGARAM AHIR
Will the Minister of COMMUNICATIONS AND INFORMATION TECHNOLOGY be pleased to state:-
(a) whether the Department of Posts has applied to Reserve Bank of India (RBI) for allowing them to provide banking services in the country;
(b) if so, the details thereof;
(c) whether the Department has set up adequate infrastructure for providing banking services while remaining engaged in postal services in the country;
(d) if so, whether Department of Posts has done any preparation for making the banking system successful; and
(e) if so, the details thereof and the steps taken by the Government in this regard?